Segment and Other Information

3 Months Ended

Nov. 28, 2024

Segment Reporting [Abstract]

Segment and Other Information

Segment and Other Information

Segment information reported herein is consistent with how it is reviewed and evaluated by our chief operating decision maker. We have the following four business units, which are our reportable segments:

Compute and Networking Business Unit (“CNBU”): Includes memory products and solutions sold into the data center, PC, graphics, and networking markets.

Storage Business Unit (“SBU”): Includes SSDs and component-level storage solutions sold into the data center, PC, and consumer markets.

Mobile Business Unit (“MBU”): Includes memory and storage products sold into the smartphone and other mobile-device markets.

Embedded Business Unit (“EBU”): Includes memory and storage products and solutions sold into the intelligent edge through the automotive, industrial, and consumer embedded markets.

Certain operating expenses directly associated with the activities of a specific segment are charged to that segment. Other indirect operating income and expenses are generally allocated to segments based on their respective percentage of cost of goods sold or forecasted wafer production. We do not identify or report internally our assets (other than goodwill) or capital expenditures by segment, nor do we allocate gains and losses from equity method investments, interest, other non-operating income or expense items, or taxes to segments.

Three months ended	November 28, 2024		November 30, 2023
Revenue
CNBU	$	4,395	$	1,737
SBU	1,731		653
MBU	1,527		1,293
EBU	1,052		1,037
All Other	4		6
Total revenue	$	8,709	$	4,726
Operating income (loss)
CNBU	$	1,711	$	(397)
SBU	347		(490)
MBU	327		(687)
EBU	11		10
All Other	(2)		4
	2,394		(1,560)
Unallocated
Stock-based compensation	(217)		(182)
Lower costs from sale of inventory written down in prior periods	—		605
Other	(3)		9
	(220)		432
Total operating income (loss)	$	2,174	$	(1,128)